Question
Big Guy Subs has net income of $155,710, a price-earnings ratio of 11.3, and earnings per share of $2.59. How many shares of stock are
Big Guy Subs has net income of $155,710, a price-earnings ratio of 11.3, and earnings per share of $2.59. How many shares of stock are outstanding? (round to the nearest whole number)
Shares outstanding =
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Step 1 Calculation of Shares Outstanding Net Income 155710 Earnings pe...
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
